Daily News One Liner: 14-May-2025

1.  India’s major ports have achieved record-breaking cargo throughput and operational efficiency in FY 2024-25, marking a significant milestone in the nation’s maritime sector.
2. India’s Consumer Price Index (CPI) inflation decreased to 2.92% in April 2025, marking the lowest rate since July 2019.
3. India’s coal imports declined by 9.2% to 220.3 million tonnes during April 2024 to February 2025, resulting in significant foreign exchange savings.
4. Union Minister Shri Ashwini Vaishnaw inaugurated India’s first 3nm chip design centres in Noida and Bengaluru, marking a significant advancement in the nation’s semiconductor capabilities.
5. Reliance NU Energies, a subsidiary of Reliance Power, has secured a 350 MW solar-plus-storage project from SJVN, marking a significant step towards its 2.5 GW clean energy goal.
6. Power Mech Projects has been awarded a ₹982 crore contract by Telangana Power Generation Corporation to construct an integrated township at the Yadadri Thermal Power Station in Nalgonda district.
7.  India’s gems and jewellery exports fell by 4.62% in April 2025, totaling USD 2,037.06 million, due to decreased demand in key markets and global economic challenges.
8. Tata Steel announces a ₹15,000 crore capital expenditure plan for FY26, dedicating 80% to Indian operations, focusing on capacity expansion and sustainability initiatives.
9.  Life Insurance Corporation of India (LIC) has increased its stake in Bank of India (BoI) to 8.38% as of May 9, 2025, reflecting a strategic investment in the public sector bank.
10. The Securities and Exchange Board of India (SEBI) has proposed simplifying registration and compliance norms for Foreign Portfolio Investors (FPIs) investing solely in Indian government bonds, aiming to attract greater foreign investment ahead of India’s inclusion in major global bond indices.
11.  PayU has obtained final authorization from the Reserve Bank of India (RBI) to operate as an online payment aggregator, enabling it to facilitate digital payments for merchants across India.
12.  Integration with the Open Network for Digital Commerce (ONDC) has led to a 20% average revenue increase for MSMEs in Tier II and III cities, as reported by EasyPay.
13. Prime Minister Narendra Modi has urged for enhanced early detection and targeted interventions to eliminate tuberculosis (TB) by 2025, ahead of the global Sustainable Development Goal (SDG) target of 2030.
14.  Uttar Pradesh has approved new compressed biogas (CBG) projects totaling ₹6,000 crore, aiming to enhance green energy infrastructure and reduce carbon emissions.
15. Denmark has taken over the Arctic Council’s rotating chairmanship from Norway, appointing Greenland’s Foreign Affairs Minister, Vivian Motzfeldt, as chair, during a period of heightened geopolitical tensions, including U.S. President Donald Trump’s renewed interest in acquiring Greenland.
16.  President Donald Trump has brokered a historic $600 billion investment deal with Saudi Arabia, encompassing defense, artificial intelligence, and technology sectors.
17. IndianOil Ultimate Table Tennis (UTT) has partnered with JioStar in a three-year exclusive broadcast and streaming deal to enhance the sport’s reach and popularity across India.
18.  Following India’s ICC Champions Trophy 2025 victory, Rohit Sharma ascends to the 3rd position in the ICC ODI Batting Rankings, while Shubman Gill maintains his lead at the top.
19. Justice Bhushan Ramkrishna Gavai has been appointed as the 52nd Chief Justice of India, succeeding Justice Sanjiv Khanna.

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